07.11.2022 / Deals & Cases
Wenger Vieli advises LatticeFlow on closing of its Series A financing round of USD 12m
Wenger Vieli acted as legal and tax advisor to LatticeFlow on closing of its USD 12m Series A financing round. The round was led by Atlantic Bridge and OpenOcean, with participation from FPV Ventures and existing investors btov Partners and Global Founders Capital.
The investment will enable LatticeFlow to expand the capabilities of its platform and respond to growing customer demand as more companies – including a number of Fortune 500 customers such as Siemens Mobility, and AI scaleups as for example Intenseye, Voxel AI and Carscan – deploy computer vision models at scale.
The award-winning ETH Zurich spin-off LatticeFlow was founded in 2020 and became the #1 Swiss AI company as well as a TOP 100 AI company in the world named on CB Insights AI100. LatticeFlow's artificial intelligence platform can automatically find and fix AI data and model errors.
The corporate team was led by Michèle Joho-Menotti (Senior Associate, Venture Capital / M&A) and Pascal Honold (Partner, Venture Capital / M&A) and included Kevin Vangehr (Associate, Venture Capital / M&A) and the tax team was led by Barbara Brauchli Rohrer (Partner, Tax) and Patric Eggler (Counsel, Tax).